Jeong Jeongsik: "President Lee's Lame-Duck Period Has Already Begun... Policy Reversals on Real Estate Needed to Delay It"

Jeong Jeongsik, floor leader of the People Power Party, stated on the 4th, "No matter how much one tries to deny it, President Lee Jaemyung's lame-duck period has already begun," adding, "The first steps to delaying the lame-duck phase as much as possible are to fundamentally review real estate policies that are centered on loan regulations and taxation, withdraw the unconstitutional request for renomination of Supreme Court justices, and revoke the abolition of supplementary investigative powers."

Jeong Jeongsik, floor leader of the People Power Party, attends the floor countermeasure meeting held at the National Assembly in Yeouido, Seoul on September 1, 2026, delivering a speech. Photo by Yoon Dongju

During the supreme council meeting held at the National Assembly on the morning of the same day, floor leader Jeong stated, "Former Justice Minister Cho Kuk reversed his stance by 180 degrees in just four months, saying, 'If President Lee pushes for the dismissal of the ongoing prosecution, he will regret it.' Would this have been possible without the president's significant drop in approval ratings?"

Floor leader Jeong continued, "The lame-duck period is something that inevitably comes, having been experienced without exception by all previous administrations. However, what is more serious in the case of the Lee Jaemyung administration is that it is suffering from an addiction to power," adding, "The more this addiction to power intensifies, the sooner the president's lame-duck period will arrive."

Jeong then pointed to specific examples of this addiction to power: relying on politics that pushes through by force, insisting on policy directions that go against public sentiment, and presenting disembodied solutions that evade responsibility as the nation’s top leader. He remarked, "Unfortunately, the current administration exhibits symptoms of power addiction that border on the severe."

He further criticized, "President Lee is infringing upon the Chief Justice of the Supreme Court's authority to nominate justices without constitutional grounds and is attempting to dismiss indictments and push for constitutional amendments for his own reappointment simply to eliminate his own trials." He cited, "Heightened insecurity about the police due to incidents such as the Jang Yunki case, alongside the representative example of abolishing the supplementary investigative authority."

Floor leader Jeong concluded, "Simply denying the already-started lame-duck period will not stop it," emphasizing, "To delay its progression, the administration must sincerely listen to the opposition's critiques, respect the constitutional system, and demonstrate humility before the will of the people."

This content was produced with the assistance of AI translation services.